Por: Orlando Sentinel Business February 23, 2023
Q: I inherited about $300,000 from my parents’ life insurance. What are the tax consequences of this? – S.S., Orlando A: You will not be subject to any gift or inheritance taxes. Life insurance passes without any tax consequences. – John West III Q: I am investing in my employer’s 401(k) plan and have my money in a target date fund 2025. Is this the right place for me to be invested? – S.B., Winter Park A: It really all depends on your... + full article
CBS News USA Business December 15, 2022
It's important to understand your life insurance options in order to choose the best type. Getty Images/iStockphoto When it comes to buying financial products and services, it pays to do your homework. Whether you're purchasing or auto insurance or taking out a... + más
Benefits of whole life insurance everyone should know | CBS News
Florida’s insurance rates have almost doubled over five years, yet insurance companies are still losing money --- and the reason is more insidious than hurricanes | MarketWatch
CBS News USA Business December 05, 2022
Life insurance for seniors can help cover a variety of items. Getty Images Life insurance provides financial security for when the policyholder has passed and - depending on the - a cash reserve for the insured to use . In exchange for a monthly fee to an insurance provider,... + más
Life insurance for seniors: 3 myths debunked | CBS News
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CBS News USA Business November 08, 2022
If you don't want to take a medical exam or are having difficulty qualifying for life insurance, a guaranteed issue policy may be for you. Getty Images/iStockphoto Life insurance can help provide a financial safety net for people who depend on you when you die. When you... + más
How variable life insurance can protect you and make you money | CBS News
Forbes USA Business October 11, 2022
If you did not take your required minimum distribution from your inherited IRA in 2021 or 2022 because of the confusing messaging from the SECURE Act, and you fall into a specific class of beneficiary, you do not owe the usual 50% excise tax on RMD shortfalls. Friends meeting up... + más
IRS Extends Tax Deadlines For Hurricane Ian Victims In North Carolina And South Carolina | Forbes
Lack Of Guidance Regarding Stock Buyback Excise Tax Worries Companies | Forbes
CNBC USA Business October 10, 2022
Zinkevych iStock Getty ImagesIf you inherited a retirement account in 2020 or 2021, the IRS is waiving penalties for some heirs who needed to start taking required minimum distributions right away, according to a .The new rule won't apply until 2023.Typically, there's... + más
Got a tax extension? The deadline for filing your return is almost here. | CBS News
Republicans plan immediate IRS oversight if they take control of the House | Fox News
CBS News USA Business October 04, 2022
Universal life insurance policies provide flexibility - and a cash value portion. Getty Images If you have a spouse, children or other loved ones who depend on your income, can be smart protection to have. With these policies, your beneficiaries receive a lump sum payment if you... + más
CBS News USA Business September 30, 2022
Whole life insurance has a cash value account that earns interest that you can then access. Getty Images provides financial protection for your loved ones when you pass away. There are several , and choosing the right one is vital to ensure your policy meets your needs. If... + más
How term life insurance can protect your family and save money | CBS News
Is life insurance worth it? | CBS News
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